David B. Berger - Feb 28, 2022 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Signature
s/David B. Berger
Stock symbol
TNDM
Transactions as of
Feb 28, 2022
Transactions value $
-$90,813
Form type
4
Date filed
3/2/2022, 06:32 PM
Previous filing
Feb 3, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +407 +9.14% $0.00 4.86K Feb 28, 2022 Direct
transaction TNDM Common Stock Tax liability -$15.9K -141 -2.9% $112.43 4.72K Feb 28, 2022 Direct F1
transaction TNDM Common Stock Options Exercise $18.9K +1K +21.2% $18.86 5.72K Mar 1, 2022 Direct F2
transaction TNDM Common Stock Sale -$113K -1K -17.49% $112.68 4.72K Mar 1, 2022 Direct F3
holding TNDM Common Stock 242 Feb 28, 2022 Berger Family Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TNDM Restricted Stock Unit Options Exercise $0 +407 +12.52% $0.00 3.66K Feb 28, 2022 Common Stock 407 Direct F5, F6, F7
transaction TNDM Stock Option Options Exercise $18.9K +1K +2.13% $18.86 48K Mar 1, 2022 Common Stock 1K $18.86 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Tandem Diabetes Care, Inc. (the Company) to satisfy tax withholding requirements on vesting of restricted stock units (RSU). No shares were sold.
F2 Represents shares of common stock received upon exercise of a stock option award.
F3 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2021.
F4 The securities are held by the Berger Family Trust dated April 16, 2008.
F5 Granted pursuant to the Tandem Diabetes Care, Inc. 2013 Stock Incentive Plan (the 2013 Plan).
F6 Each RSU represents a contingent right to receive one share of common stock of the Company.
F7 RSU vest as to twenty-five percent (25%) of the total number of shares subject to the RSU on 5/27/2021, and the remaining shares shall vest in twelve (12) equal quarterly installments thereafter.
F8 The options vested as to fifty (50%) of the underlying shares on 6/14/2019, and the remaining shares vested in twelve (12) equal monthly installments thereafter, subject to the terms of the 2013 Plan.
F9 The expiration date for these options is 10 years from the date of grant.